BitcoinLong
Support is at 53k but MACD Divergence has Bulls Eyeing 62K Early
In the Bulls Favor:
• Bullish divergence in volume
• Possible Double bottom being printed
• H4 Buy signal appearing on SSL Entry/Exit Indicator
In the Bears Favor:
• Resistance at top of downward channel has not been broken and confirmed
• 51,000-53,000 Supply zone has not yet been retested on the weekly timeframe
• Recovery and Supply Chain delays may prove inflation to be temporary causing a slight correction as some capital flows out of crypto and back into other markets
• S&P500 broke Dynamic support on daily yesterday and could be heading into a red week.
• Bullish divergence in volume
• Possible Double bottom being printed
• H4 Buy signal appearing on SSL Entry/Exit Indicator
In the Bears Favor:
• Resistance at top of downward channel has not been broken and confirmed
• 51,000-53,000 Supply zone has not yet been retested on the weekly timeframe
• Recovery and Supply Chain delays may prove inflation to be temporary causing a slight correction as some capital flows out of crypto and back into other markets
• S&P500 broke Dynamic support on daily yesterday and could be heading into a red week.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.